Semiconductor News Morning Brief | July 15, 2026

One-sentence summary for today: ChangXin Technology commences its STAR Market IPO subscription tomorrow, raising RMB 29.5 billion—the largest A-share IPO of 2026; SK Hynix officially launches mass production ramp-up of its 12-layer HBM4 chips for NVIDIA’s Vera Rubin platform; ASML’s Q2 earnings report is released pre-market today. 🔖 ChangXin IPO Subscription | HBM4 Mass Production | JCET’s 102% Profit Growth Forecast | TSMC Price Hike | Sharp Intraday Dip in A-Share Semiconductor Stocks | ASML Earnings | Meta Boosts AI Investment ──────────────────────────────────────── Memory Chips I. ChangXin Technology begins STAR Market IPO subscription tomorrow, raising RMB 29.5 billion—the largest A-share IPO of 2026 • New development: ChangXin Technology officially initiates subscription for its STAR Market IPO on July 16, issuing 6.688 billion new shares to raise RMB 29.5 billion—making it the largest A-share IPO of 2026 and the second-largest fundraising effort in STAR Market history. The online subscription code is 787825, with only 10% of shares allocated to individual investors. • Revenue for Q1 2026 reached RMB 50.8 billion (+719% YoY); net profit totaled RMB 24.762 billion (+1,688% YoY). Full-year H1 net profit attributable to shareholders is projected at RMB 50–57 billion, representing over a 22-fold YoY increase—exceeding the cumulative losses incurred across the prior three years in a single quarter. • All proceeds will be dedicated to DRAM operations: RMB 7.5 billion for technological upgrades of existing production lines; RMB 13 billion for expanding high-end memory capacity; and RMB 9 billion for cutting-edge R&D. ChangXin currently holds ~11% global DRAM market share, with 12-inch wafer monthly capacity reaching 300,000 wafers—and targeting 350,000 wafers by year-end. II. SK Hynix launches mass production ramp-up of 12-layer HBM4 chips for NVIDIA’s Vera Rubin platform • New development: SK Hynix has officially commenced mass shipment of its 12-layer HBM4 chips designed for NVIDIA’s next-generation AI platform “Vera Rubin.” The product has entered the production ramp-up phase. This marks the first time HBM4 has been supplied externally in its final, fully certified quality specification—distinct from earlier prototype samples. • From wafer input in April to final shipment took just over two months—significantly shortening the industry’s typical four-month cycle. Concurrently, SK Hynix announced that trial production in the first cleanroom of its Yongin Y1 wafer fab has been advanced to February 2027. Initial monthly capacity target stands at 20,000 wafers, producing sixth-generation 10-nm-class (1c) DRAM. • According to Bank of America’s latest report, market expectations regarding memory giants’ expansion commitments are overly optimistic. After accounting for capacity reductions due to legacy fab upgrades/shutdowns and process-transition inefficiencies, actual annual capacity growth will likely fall below 10%. By 2028, newly added capacity may reach only one-sixth of originally planned volumes. Advanced Packaging III. JCET forecasts up to 102% H1 profit growth, signaling full realization of turnaround in advanced packaging business • New development: JCET released its 2026 semi-annual earnings forecast on the evening of July 14, projecting H1 net profit attributable to shareholders at RMB 770 million–950 million, representing YoY growth of 63.48%–101.70%; non-GAAP net profit is expected at RMB 740 million–910 million, up 68.95%–107.76% YoY—entirely driven by core operations. • Q2 net profit is forecast at RMB 480–660 million, surging 65.5%–127.6% sequentially from Q1’s RMB 290 million. Gross margin for advanced packaging remains stable above 28%, while revenue contribution from high-end services exceeds 42%. Mass production yield for HBM3E has reached 98.5%.

The Third International Green Zero-Carbon Festival held in Beijing | Candidate Brand: Qian Nian Zhou New Materials Technology Group Co., Ltd.

The International Green Zero-Carbon Festival is a flagship event in the carbon neutrality and ESG domains. It aims to build a diverse, open platform for exchange and collaboration, showcase practical achievements under the dual-carbon strategic goals, explore new models for green development and pathways toward achieving carbon neutrality, continuously advance enterprise digital transformation, and leverage scientific innovation and digital empowerment to support economic upgrading and sustainable development—jointly forging a green, zero-carbon future. Each year, the Zero-Carbon Festival gathers over 300 green brands worldwide, features insights from more than 150 distinguished guests on green and sustainable development, engages over 200 media outlets in deep participation, and garners over 3,000 mainstream media reports. The event is projected to generate over 10 million combined online and offline impressions and interactions. 2024 Third International Green Zero-Carbon Festival Candidate Brand: Qian Nian Zhou New Materials Technology Group Co., Ltd. Qian Nian Zhou Group is a decorative materials enterprise specializing in research, development, manufacturing, and sales of multi-category mid-to-high-end panels. It is committed to delivering green, eco-friendly, and high-quality decorative panels and complementary products to end consumers. While maintaining panel business as its core, the company actively extends downstream into custom home furnishings and prefabricated wooden building components. The company adheres to its founding mission—“Manufacturing an excellent panel for the people”—and has long focused on panel R&D. It was among the earliest in the industry to launch fir-core blockboards, eco-friendly blockboards, and eco-friendly plywood. Responding to evolving market demands, it introduced functional panels with antibacterial, insect-repellent, and fire-retardant properties. In recent years, it has launched proprietary LSB and OSB products.

LSB Industries Inc. to Release Second-Quarter Earnings Report

Jul 15, 2026

LSB Industries Inc., an Oklahoma City-based ammonia producer, will release its second-quarter earnings on July 29 following strong first-quarter net sales and adjusted EBITDA growth.

Oklahoma Energy Today

2026-04-30

LSB Industries, Inc. Reports Operating Results for Q1 2026

2026-04-30

LSB Industries Reports Strong First-Quarter 2026 Earnings Growth

2026-05-01

LSB Industries (LXU) Q1 EPS Turnaround Tests Bullish Margin Narratives

2026-05-01

LSB Industries, Inc. (NYSE:LXU) Q1 2026 Earnings Call Transcript

2026-05-03

LSB Industries Reports Q1 2026 Earnings Beat